·
| Price | ▼ 3.34% | ▲ 1.73% | ▼ 1.39% | ▼ 8.21% |
| Energy | ▼ 23.1 | ▲ 0.7 | ▼ 3.5 | ▼ 43.1 |
Trend of Bear Bias BMC Stock Weekly
▸When BMC Stock is in Bear Bias:
- then BMC Stock moved to higher Market State: 26 times — 52%
- then BMC Stock moved to lower Market State: 24 times — 48%
▸Current BMC Stock market energy: -55.46%
- Distance to upper bound of Bear Bias (at -20.88%): 34.58%
- Distance to lower bound of Bear Bias (at -60%): 4.54%
"Let data guide you, but never trust it completely" — 2AITRADING
Bear Bias determined for BMC through the Weekly candle data.
Looking at the energy level, Market Energy moved from -12.4% to -55.5%, down -43.1% from the previous candle.
Time in Bear Bias energy zone: 1 Weekly Candle
Traders using any methodology can reference Market Energy on 2AiTrading to consider adjustments to their strategy — including stoploss, takeprofit, or position sizing — depending on the situation.
Not enough data in the past 5 days to show a range.
Concepts referenced in this analysis. Tap to explore each in the Knowledge Hub.
What did BMC Stock price and energy show when this Weekly candle closed?
When the Weekly candle at 09:00 on 23-10-2023 closed, BMC Stock was at 11.74, down 8.21% from the previous candle (12.79). Market Energy was -55.5%, down 43.1 points from -12.4%, in the Bear Bias state — controlled by sellers. The Bear Bias zone spans -60% to -20.88%.
How much did BMC price move on this Weekly candle, and how large is that historically?
BMC closed at 11.74, down 8.21% from the previous Weekly candle (12.79). This drop is larger than 82% of past drops on the Weekly timeframe for BMC, across 250 candles since 2019.
How did BMC Stock Market Energy change from the previous candle?
Market Energy fell 43.1 percentage points from the previous candle — from -12.4% to -55.5%. This drop is larger than 91% of past drops on the Weekly timeframe for BMC.
Do BMC price and energy agree?
Yes. Both price and energy moved down on this candle. This describes a closed candle, not a forecast of where price goes next.
What state was BMC Stock in on the previous Weekly candle?
The previous Weekly candle had BMC Stock at -12.4%, Neutral — when this candle closed, BMC Stock moved down to a lower zone: Neutral → Bear Bias.
Where does BMC Stock energy sit within the Bear Bias zone?
At -55.5%, BMC Stock is 34.58 points from the upper boundary of Bear Bias (-20.88%) and 4.54 points from the lower boundary (-60%) — so energy sits closer to the lower boundary at candle close.
What does Bear Bias mean?
Bear Bias is one of 7 Market States in 2AiTrading's Market Energy model, applied consistently across every asset class, market and timeframe.
See the full Bear Bias definition →How are the broader market indices trending?
Based on each index's latest completed H1 candle as of this candle close: VNINDEX (Vietnam equities) in Bull Extreme with energy 92.3%; VN30 (VN30 basket) in Bull Extreme with energy 85.7%. Against this backdrop, BMC Stock (Bear Bias, -55.5%) lower than VNINDEX, VN30.
How is the US Dollar Index (DXY) trending?
Based on the latest completed H1 candle as of this candle close, the US Dollar Index (DXY) was in Bull Bias with Market Energy 22.3%. BMC Stock (Bear Bias) and DXY currently sit on opposite sides.
See the real-time energy chart for BMC Stock.
Open Energy ChartSee the full 2AiTrading Model data for BMC on the BMC Stock overview →
To jump to a symbol you're interested in, click .